Two Startups at Catalyst, Switchboard Live and Finexio, Raise $5.6M in Venture Capital in Q4 2017

//Two Startups at Catalyst, Switchboard Live and Finexio, Raise $5.6M in Venture Capital in Q4 2017

Two Startups at Catalyst, Switchboard Live and Finexio, Raise $5.6M in Venture Capital in Q4 2017

According to the MoneyTree Report from PricewaterhouseCoopers LLP, as reported by Matthew Richardson in the Orlando Business Journal, Orlando ended 2017 on a high with five startups raising a total of $22.8M in venture capital in the fourth quarter.  Two of these startups are scaling at Catalyst, Finexio, which raised $4M and Switchboard Live, which raised $1.6M. The other Orlando startups raising capital were Vestagen Protective Technologies, Fattmerchant, and Mosyle. Finexio relocated to Orlando from Silicon Valley and joined Catalyst in March of 2017. Switchboard Live joined Catalyst in 2015, the year we opened.  Ernest Rolfson, Finexio founder and CEO, said, “Catalyst is the only coworking space for serious entrepreneurs looking to raise capital and scale their company in Orlando. Dennis was a big help to the company during our fundraising process, and runs a beautiful, open, and welcoming environment in the heart of downtown.” Rudy Ellis, Switchboard Live cofounder and CEO, said, “I am thrilled our startup is at Catalyst. Catalyst’s community of members, mentors, advisors, and early-stage investors has provided us access to ideas, talent, and capital needed to grow and scale our business.”  Dennis R. Pape, Catalyst cofounder said, “when I first envisioned Catalyst in the summer of 2012, I imagined that we would become a home for Orlando entrepreneurs scaling their startups.  I am gratified to see Finexio’s and Switchboard Live’s growth and happy that Catalyst’s community and resources is helping high-growth startups like Finexio and Switchboard Live achieve success.”

By | 2018-02-19T14:28:43+00:00 January 11th, 2018|Categories: Catalyst Spaces|Tags: , |0 Comments

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